ChainBleedv0.1 · open intel
← back to feed·2020-08-28 · 5y ago
Incident · SLOWMIST

Degen.Money

Double Authorization Vulnerability
Estimated loss
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
Undisclosed
Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

Forensic narrative

Twitter users reported that DeFi's liquidity mining project Degen.Money exploited a double approval vulnerability to get users' Money. The first authorization gives the pledge contract, and the second authorization gives the right to transfer money, which will result in the user's funds being taken away by the attacker. YFI founder Andre Cronje says the project does have risks. Attack method (per SlowMist): Double Authorization Vulnerability. Reported loss: -.

Primary source
https://www.panewslab.com/zh/articledetails/1598608813032363.html
Sourced from
slowmist
Technical record
chain
protocol
Degen.Money
bug_class
unknown
date_occurred
2020-08-28
loss_usd
source_id
sm:degen-money::2020-08-28
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